HELPING PEOPLE BUY & SELL BUSINESSES

Seafood Restaurant by the Water with Real Estate Included

Listing #: BBF-4110-30156

Contact Us About This Listing:

Asking Price:
$1,750,000
Down Payment:
$1,750,000
Financing Available:
No
Gross Income:
$1,673,164
Adjust Net:
$-6,772
Category:
Restaurants
County:
Pinellas
State:
FL

Assets & Liabilities:

Accounts Receivable:
Inventory:
FF&E:
Leasehold:
$0
$5,000
$100,000
$75,000
Incl:
Incl:
Incl:
Incl:
N
Y
Y
Y
Real Estate:
Liabilities:
Other:
Total Assets:
$1,400,000
$0
N/A
$1,580,000
Incl:
Incl:
Incl:
Incl:
Y
N
N
Y
Financial Information:
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2017
Annualized
$1,673,164
$1,095,367
$577,797
$697,177
$-119,380
$112,608
$-6,772
Year:
Type of Report:
Gross Income:
COGS:
Gross Profit:
Expenses:
Net:
Adbacks:
Owner Benefit:
2016
P&L
$1,625,199
$952,279
$672,920
$698,148
$-25,228
$90,498
$115,726

Lease Information:

Rent Price:
Building Type:
Square Footage:
$0
Stand Alone
3236
Terms:

Additional Information:

FT Employees:
8
PT Employees:
6
Manager(s):
3
Year Established:
13
Years Owned:
13
Hours of Operation:
Monday - Sunday, 4pm-10pm
Experience/License Req'd:
Bar/Restaurant Mgmt
Familiarization Period:
2 Weeks, $0
Non-Compete:
N/A